Posts

Showing posts with the label Blockchain In Retail Banking Market Share

Blockchain In Retail Banking Market Size Is Anticipated To Reach USD 140.26 Billion By 2030

Image
  San Francisco, 27 Dec 2022:  The Report  Blockchain In Retail Banking Market  Size, Share & Trends Analysis Report By Type (Public, Private, Hybrid), By Component, By Enterprise Size, By Application, By Region, And Segment Forecasts, 2022 – 2030 The global blockchain in retail banking market size is expected to reach USD 140.26 billion by 2030, advancing at a CAGR of 83.9% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The rise in the fintech industry, the IT industry revolution, the rise in competition, and evolving customer expectations are some of the reasons that are driving the market growth. Retail banks are focusing on adopting digital transformation and advanced technologies to streamline their business process and customer offerings, which bodes well for the adoption of blockchain in retail banking. Blockchain technology uses distributed, decentralized ledger that records transactions across many netwo...